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Sam Woo Construction Forecasts Loss in Fiscal 2024
Sam Woo Construction Group (HKG:3822) expects a net loss of at least HK$20 million for the year ended March 31, a Tuesday filing by the engineering company on the Hong Kong bourse stated. The company
Sanwa Construction Group (03822.HK) Profit Alert: Expected annual net loss of not less than HK$20 million
On May 14, Ge Longhui Construction Group (03822.HK) announced that the Group expects to record a net loss of no less than HK$20 million for the year ending March 31, 2024. The Group relied on the Kai Tak Public Housing Project (awarded and commenced in 2022) as the main source of revenue for the year, but some of these works needed to be delayed until the contract owners have developed a viable solution to deal with the complex stratigraphic conditions of the project. Due to delays in major engineering projects, the amount of revenue and gross profit generated up to this year was insufficient to offset all of the Group's fixed expenses and financial expenses. And because of the interest in borrowing
Sanwa Construction Group (03822) appoints Liu Peishan as Executive Director
Sanwa Construction Group (03822) announced the appointment of Liu Peishan as an executive director with effect from May 1, 2024...
Sam Woo Construction Bags HK$400 Million Contract
Sam Woo Construction Group (HKG:3822) has secured a roughly HK$400 million construction contract, according to a Tuesday filing with the Hong Kong bourse. The contract will see the firm build the foun
Sanwa Construction Group (03822.HK) was awarded a construction contract with an estimated contract value of over HK$400 million
Gelonghui, April 23, 丨 Sanhe Construction Group (03822.HK) announced that the Group has recently been awarded a construction contract to construct a foundation project for a public housing project located in Kai Tak District, Kowloon. The contract amount is expected to exceed HK$400 million, and the final amount will be determined according to actual measurement of the project volume. It is expected that the project will probably be completed by the end of the third quarter of 2024.
Sam Woo Construction Group Limited (HKG:3822) Stock Rockets 63% As Investors Are Less Pessimistic Than Expected
Sam Woo Construction Group Limited (HKG:3822) shareholders would be excited to see that the share price has had a great month, posting a 63% gain and recovering from prior weakness. Not all shareho
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